Stocks closed down today as investors mulled over an update from the Federal Reserve, the latest GDP report and corporate earnings. Dow Jones finished -7 at 34,160 S&P 500 finished -23 at 4,326 NASDAQ finished -189 at 13,352 The 10 Year Treasury closed down 4 basis points yielding 1.81% Oil prices closed down […]
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January 26, 2022
The Dow fell in choppy trading today after Federal Reserve Chairman Jerome Powell suggested the central bank has plenty of room to raise interest rates before it would harm the economy. Dow Jones finished -130 at 34,168 S&P 500 finished -7 at 4,349 NASDAQ finished +3 at 13,542 The 10 Year Treasury closed […]
January 25, 2022
The Dow Jones recovered from a decline of more than 800 points for a second day in a row, an unusual burst of instability that comes as the Federal Reserve is preparing investors for tighter monetary policy. Dow Jones finished -67 at 34,297 S&P 500 finished -54 at 4,356 NASDAQ finished -316 at 13,539 […]
January 24, 2022
Stocks had a dramatic comeback today as investors stepped in to buy beaten up tech shares when the Nasdaq was down 4.9% earlier in the day. Dow Jones finished +99 at 34,364 S&P 500 finished +12 at 4,410 NASDAQ finished +86 at 13,855 The 10 Year Treasury closed up 2 basis points yielding […]
January 21, 2022
Stocks closed down today with investors rotating further away from growth and technology stocks that had outperformed early on during the pandemic. Dow Jones finished -450 at 34,265 S&P 500 finished -85 at 4,397 NASDAQ finished -385 at 13,768 The 10 Year Treasury closed down 7 basis points yielding 1.76% Oil prices closed […]
January 18, 2022
The major averages fell sharply Tuesday after Goldman Sachs reported disappointing earnings and as government bond yields hit Covid-era highs. Dow Jones finished -543 at 35,368 S&P 500 finished -86 at 4,577 NASDAQ finished -387 at 14,506 The 10 Year Treasury closed up 10 basis points yielding 1.88% Oil prices closed up $1.97 […]
January 14, 2022
Stocks were mostly lower today at the end of an unstable week, with investors monitoring a mixed set of bank earnings and a bigger-than-expected drop in U.S. retail sales. Dow Jones finished – 202 at 35,911 S&P 500 finished +4 at 4,662 NASDAQ finished +87 at 14,893 The 10 Year Treasury closed up […]
January 13, 2022
U.S. stocks closed negative today as investors considered a fresh read on weekly unemployment claims and wholesale price inflation out of Washington. Dow Jones finished -177 at 36,113 S&P 500 finished -67 at 4,659 NASDAQ finished -382 at 14,806 The 10 Year Treasury closed down 3 basis points yielding 1.69% Oil prices closed […]
January 12, 2022
Stocks finished the day with the DOW, S&P, and NASDAQ all in positive territory. In economic news, inflation increased 7% over the past year, the highest since 1982. Dow Jones +39 at 36,291 S&P 500 +13 at 4,726 NASDAQ +35 at 15,188 The 10 Year Treasury closed up 6 basis points yielding 1.54% […]
January 11, 2022
Wall Street’s main indexes closed up today as investors weighed testimony from Federal Reserve Chair Jerome Powell. Dow Jones finished +183 at 36,252 S&P 500 finished +43 at 4,713 NASDAQ finished +211 at 15,153 The 10 Year Treasury closed down 4 basis points yielding 1.74% Oil prices closed up $3.18 ending at $81.41 […]
